Russian gas supply cut impact on GDP in Europe 2022, by country

Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario

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Release date

July 2022

Region

Europe

Survey time period

2022

Supplementary notes

* Best-case scenario assumes low adjustment conflict and an integration into the existing LNG market worldwide.
** Worst-case scenario assumes high adjustment conflict and a scenario whereby households would be protected from repercussions.

Worst-case scenario projections were not provided for all countries.

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